Unfortunately, without an "enthusiastic" PR, even the note holders can't convert at their discount rates without breaching the 4.99% blocker clauses in their agreements. People are happy that there's no significant dilution, but that's a red herring. Without significant volume, the note holders can't convert (at a massive discount) and then immediately sell the converted shares into the market so that they avoid holding 5% of the O/S and become affiliates of ELTZ. In other words, no volume = no dilution. But, no volume also makes bagholders out of everyone (investors, traders, and note holders alike). Like Novice2138 said, this company has done a terrible job pumping this thing. If this is going to move, Tecco needs to hire a new PR guy (one that he will actually pay unlike the last guy who quit because of an outstanding account).
